Nassau County · New York · Northeast · 31k residents
Franklin Square, NY: economy, jobs & business costs
The site-selection read on Franklin Square: labor costs, talent, corporate tax, energy, and business activity, with the New York median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,534/wk. New York's corporate income tax rate is 7.25%. Commercial electricity averages 18.8¢/kWh.
Compare Franklin Square side by side
Avg. weekly wage
$1,534/wk
Corporate income tax
7.25%
Bachelor's degree or higher
38.4%
Commercial electricity
18.8¢/kWh
Economic momentum
How fast Franklin Square's economy is moving, ranked against the US cities we track.
66/100
Steady
Ranks Franklin Square's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $657,000 |
| Price per sq. ft. | $300 |
| Property tax rate | 1.6% |
| 1-bedroom rent | $1,345/mo |
| 2-bedroom rent | $2,140/mo |
| State & local income tax | 4.07% |
| Sales tax | 8.5% |
| Corporate income tax | 7.25% |
| Avg. weekly wage | $1,534/wk |
| Bachelor's degree or higher | 38.4% |
| Commercial electricity | 18.8¢/kWh |
| Businesses per 1k residents | 40.5/1k |
| Wage: Software developer | $166,830 |
| Wage: Registered nurse | $119,720 |
| Wage: General manager | $157,000 |
| Wage: Customer service | $49,590 |
| Wage: Warehouse worker | $38,600 |
| Wage: Heavy truck driver | $65,040 |
| Wage: Electrician | $79,020 |
| Wage: Retail salesperson | $38,280 |
| Cost of living index | 133 |
| Groceries index | 108 |
| Utilities | $190/mo |
| Transit pass | $127/mo |
| Gas price | $3.50/gal |
| Healthcare index | 105 |
| Childcare (per child) | $1,400/mo |
| Median household income | $143,263 |
| Unemployment rate | 4.3% |
| Population | 31k |
| Crime index | 40/100 |
| School rating | 6.5/10 |
| Walkability | 30/100 |
| Disaster risk | 97/100 |
| Avg. commute | 33 min |
| Sunny days / year | 180 days |
| July high | 87°F |
| January low | 27°F |
| Annual snowfall | 19 in |
| Home price YoY | +4.8% |
| Home price MoM | +0.4% |
| Rent YoY | — |
| Rent MoM | — |
| Employment (jobs) YoY | +0.8% |
| Building permits YoY | — |
| Ocean coast | 8 mi |
| Big lake | 56 mi |
| Mountains | 91 mi |
| Major airport | 7 mi |
| Ski resort | 91 mi |
Popular comparisons
Nearby
- West Hempstead, NY · 21k
- Elmont, NY · 37k
- North Valley Stream, NY · 18k
- Garden City, NY · 23k
- Valley Stream, NY · 40k
Similar size
- Port Chester, NY · 31k
- Middletown, NY · 30k
- North Tonawanda, NY · 30k
- Oceanside, NY · 32k
- Bay Shore, NY · 32k
Real listings in Franklin Square
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Franklin Square a good place to run a business?
- New York's corporate income tax rate is 7.25%; average weekly wages in the surrounding labor market run $1,534/wk; commercial electricity averages 18.8¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Franklin Square, NY?
- Franklin Square indexes at 133 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,140/mo and a acs median home value of $657,000.
- How much does a house cost in Franklin Square?
- The acs median home value in Franklin Square is $657,000 (Census ACS estimate; individual listings vary).
- How much is rent in Franklin Square?
- A two-bedroom in Franklin Square rents for about $2,140/mo.